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via BeInCrypto · By BeInCrypto Editorial
Every Bitcoin Bottom Since 2012 Hit This Zone: We’re Not There Yet.
BTC
BTC/USDT
$63,085.15
+0.12%
$63,085.15
+0.12%
(24s)24h Volume
$2,093,668,120.83
24h H/L
$63,175.00 / $62,968.45
Change: $206.55 (0.33%)
Long/Short
68.0%
Long: 68.0%Short: 32.0%
Funding Rate
+0.0033%
Longs pay
Data provided by COINOTAG DATALive data
BE
BeInCrypto Editorial(02:17 PM UTC)
1 min read
Bitcoin (BTC) trades near $67,002, and on-chain data from Glassnode shows the long-term holder cohort is signaling more downside before this bear market prints a cycle low.
Three Glassnode charts point in the same direction. Holders carrying coins for over 155 days appear stressed. Yet they have not reached the pain levels that historically marked the floor of past Bitcoin cycles.
Long-Term Holder…
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